I run a vape store that falls under the category of high risk to banks. Unfortunately, my track history of 6300+ orders/transactions and less than 10 disputes (9 resolved as a win-win) does not mean anything. Nor does the past 4 years of consistent sales.My products don't contain nicotine or tobacco and are legal.Another reddit user summed the situation up quite well:"The "high risk" label is an annoying misnomer in the payments industry because it gets applied to merchants who aren't actually risky, just happen to sell products that underwriting banks make moral judgments on. (Which, to me, is a weird thing for banks to doing.)There are some unethical and shady companies that do high risk processing and prey on merchants who discover they don't have a ton of options and end up getting screwed over with deceptive billing and bad contracts. Check out the track record of anyone you decide to work with and don't feel like you have to make a desperate decision. It's more of a hassle and more expensive to secure high risk processing, but for the situation you described you should be able to get a decent deal."Does anyone know of any internet merchant account provider companies, that would consider accepting an application from my business? I have secured a payment gateway provider (domestically), I just need an online merchant account.I'm based in Australia.Thanks for your time. see hubwealthy.com/wealthy
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